And who said it never moves (up at least..)
Stops went on the move down through 78.40 to 78.33, but there is a scattering of bids down at 84.25/30 as well, ahead of a supposed barrier at 78.00.
It’s not “catching a falling piano” exactly and can’t see anything other than rhetoric from BOJ/MOF about the levels for the moment, as EUR/JPY continues to hold firm.
USD/JPY’s at 78.43